WERNER ENTERPRISES INC (WERN) Stock Technical Analysis
NASDAQ:WERN - Nasdaq - US9507551086 - Common Stock - Currency: USD
Taking everything into account, WERN scores 0 out of 10 in our technical rating. WERN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, WERN is a bad performer in the overall market: 83% of all stocks are doing better.
WERN is part of the Ground Transportation industry. There are 39 other stocks in this industry, of which 60% are performing better than WERN.
WERN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so WERN is lagging the market.
WERN has an average volume of 1075200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month WERN has a been trading in the 25.57 - 28.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, WERN does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 27.61. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 27.20, a Stop Loss order could be placed below this zone.
More info and screens
26.40
42.03
When analyzing the support we notice one important area.
- A support zone ranging from 26.67 to 27.20. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 27.61 to 28.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 38.36 to 38.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @39.81 from a trend line in the weekly time frame.
- Resistance @41.61 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for WERN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for WERN is neutral. |
| ChartMill Relative Strength | 17.66 | NEGATIVE | WERN has a low relative strength, it was outperformed by 82.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of WERN is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of WERN is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of WERN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.12 | NEUTRAL | The RSI value for WERN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests WERN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.2 | NEUTRAL | The Stochastics value for WERN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for WERN suggests some volalility. |
| Average Directional Index/ADX (14) | 15.13 | NEGATIVE | The low ADX value for WERN suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
27.6
-0.19 (-0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.68%
1 Week2.79%
2 Weeks6.36%
1 Month-1.46%
3 Month-7.72%
6 Month-28.92%
12 Month-23.23%
2 Year-37.53%
3 Year-28.39%
5 Year-36.6%
10 Year5.14%
15 Year26.09%
Volatility
ATR(14)0.83
ATR(20)%2.71%
ATR Inc18.5%
Range Today0.83
ADR(20)0.71
ADR(20)%2.58%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.66
Mansfield-2.29
10 Day High28.42
10 Day Low25.74
20 Day High28.42
20 Day Low25.57
52 Week High42.48
52 Week Low23.02
CS1 End27.2
CR1 Start27.61
Volume & EV
DER(3)1.66%
DER(5)2.12%
Volume1.22M
Volume Incr-1.41%
Vol(5)903.86K
Vol(50)1.08M